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Search resuls for: "Mark Kempa"


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☆ I went on Norwegian's newest luxury and ultra-luxury ships targeting wealthy travelers — see how a $685 per night cruise compares to a $210 per night one
  + stars: | 2024-01-14 | by ( Brittany Chang | ) www.businessinsider.com   time to read: +10 min
AdvertisementWhen you think of Norwegian Cruise Line Holdings, you probably think of its giant amusement park-like cruise ships with 10-story-tall slides, go-kart tracks, and many families. Its newest Oceania Vista ship, which debuted in May 2023, is at the higher end of the range with a 1,200-guest capacity. Regent Seven Seas Cruises — the true ultra-luxury optionThe Seven Seas Grandeur's pool was surrounded by several hot tubs. And both vessels — built without loud water slides or arcades — exude a feeling of peace and quiet not often experienced throughout larger family-friendly cruise ships . Brittany Chang/Business InsiderNCLH's mass-market eponymous brand still has more ships in its fleet than Regent Seven Seas and Oceania combined.
Persons: —, NCLH, Brittany Chang, Hermes Birkin, Bulgari, Jacques Pépin, isn't, — they're, I've, Pablo Picasso, Mark Kempa Organizations: Cruise Line Holdings, Regent Seven Seas, Regent Seven, Service, Norwegian Cruise Line Holdings, Norwegian Cruise, Mexico itineraries, Business, Oceania, Culinary Arts, Regent Locations: Oceania, Norwegian, Africa, Asia, Caribbean, Mexico, Greece, Italy, Spain, Turkey, New York City, Oceania Vista, Brittany, French, France, Nicaragua, Regent Seven Seas
☆ Lobster dinners, luxury goods, and go karting: everyday travelers are splashing out on their cruises
  + stars: | 2023-10-28 | by ( Brittany Chang | ) www.businessinsider.com   time to read: +6 min
Onboard spending jumped from an average of $66 a day to $81 a day from the second quarter of 2019 to the same time in 2023. AdvertisementAdvertisementFrom WiFi to fancy dinners to go-karting at sea , cruise travelers have been spending big at sea. In the third quarter of 2021, Arnold Donald, the former president and CEO of Carnival Corp, was already noting "off the charts" onboard spend . Amid the influx of ultra-cheap cruises , onboard spend caught up to and surpassed 2019 levels before fares did. "It's a longer sales cycle that helps build that overall onboard revenue product," Mark Kempa, Norwegian's executive vice president and CFO, said during the call.
Persons: —, Arnold Donald, it's, Holland America —, Robin Farley, Patrick Scholes, Brittany Chang, Harry Sommer, Sommer, Mark Kempa, Jason Liberty, Liberty, Scholes, We're, couldn't Organizations: Service, Carnival Corp, Holland America, UBS, Truist Securities, Farley Travelers, Royal, Norwegian Cruise Line Holdings, Royal Caribbean Group, MSC, Cartier, Rolex Locations: Royal Caribbean, CocoCay, Norwegian
☆ Norwegian Cruise Line says wealthy customers are still splashing out on cruise trips despite the sluggish economy
  + stars: | 2023-03-01 | by ( Grace Dean | ) www.businessinsider.com   time to read: +4 min
The parent company of Norwegian Cruise Line says passengers are still splurging on luxury trips. There's no indication that consumers are "shying away from taking cruise vacations," its CEO said. "We simply haven't seen any indication that the consumer is shying away from taking cruise vacations," Frank del Rio, the CEO of Norwegian Cruise Line Holdings, said at its earnings call Tuesday. The Miami-based company owns Norwegian Cruise Line, Regent Seven Seas, and Oceania, which currently have 29 ships between them. Del Rio said that Norwegian Cruise Line reported record sales in November, in part because of Black Friday and Cyber Monday sales.
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